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Country Inn & Suites in Shreveport, LA

5020 Hollywood Avenue
Shreveport, LA 71109
PRICE : Contact Bull Realty for information
PROPERTY TYPE: Hospitality
BUILDING SIZE: 45,500 SF
YEAR BUILT: 2007

Highlights

  • Value-add opportunity
  • Attractive 3-story asset in great condition
  • Offered unencumbered by management
  • Extended-stay design allows for easy owner/operator management
  • Located directly across the street from the Shreveport Regional Airport
  • Amenities include: outdoor swimming pool, laundry facilities, library, business center, fitness facilities, free breakfast and airport transportation
  • Broker of Record: Michael Bull of Bull Realty | LA License #0995682801-ACT
  • Will be auctioned through the Ten-X platform on October 28 - 30, 2019

Auction

Description

Bull Realty is pleased to exclusively offer the opportunity to acquire a fee-simple, interest in the Country Inn & Suites Shreveport Airport in Shreveport, Louisiana. This well-maintained, extended-stay property built in 2008 was converted to a Country Inn & Suites in 2017.

Ownership spent ± $1.2M in upgrades to convert the property to Country Inn & Suites most recent prototype, Generation 4. The property has ± 13 years left on their Franchise Agreement and due to recent renovation, the change of ownership PIP is expected to be minimal.

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